Replies to post #42037 on Zicix Corp (ZICX)

[gemstone57]

Investor College...this was a test,we didnt fail we learned a valuable lesson.

[molee]

~ dmerc : ...

I was surfing around stocks I use to own and spotted your ( and others ) dilemma .

You may consider " abandoning" the stock ...

http://www.irs.gov/publications/p17/ch14.html

"Worthless securities also include securities that you abandon after March 12, 2008. To abandon a security, you must permanently surrender and relinquish all rights in the security and receive no consideration in exchange for it. All the facts and circumstances determine whether the transaction is properly characterized as an abandonment or other type of transaction, such as an actual sale or exchange, contribution to capital, dividend, or gift."

GLTU